F S729 July 2026 Capital Update and Property Disposals And Acquisitions Report
July 20, 2026 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Hackney Council's Council decided on 28/02/2024 to approve the 2024/25 budget and set the Council Tax. The Council agreed to bring forward the projected General Fund balance into 2024/25 with the aim of increasing it to £20m by 2026/27. They also approved the allocation of resources to the 2024/25 capital programme and agreed prudential indicators for capital expenditure and external debt.
Full council record
Purpose
The decisions required are necessary in order that the schemes within the Council’s approved Capital programme can be delivered and necessary to approve the property proposals as set out in this report.
Decision
RESOLVED:
Recommendations: 3.1, 3.2, 3,3 and 38 were APPROVED.
- 3.1That the scheme for Children and Education Directorate as set out in section 11 of the report be given approval as follows:
Woodberry Down Primary School Emergency Kitchen works: Resource and spend approval for an additional £1,000k in 2026/27 is requested to facilitate the refurbishment
Linden Children’s Centre Replacement Safety Groundworks and Canopy: Resource and spend approval for £100k in 2026/27 is requested to deliver additional capital works at Linden Children Centre following a canopy collapse.
- 3.2To note the S106 schemes summarised below and set out in section 12:
S106
2026/27
£'000
Capital
93
Total S106 Capital for Noting
93
- 3.3To note the S106 schemes summarised below and set out in section 13:
S106
2026/27
£'000
Revenue
8
Total S106 Revenue for Noting
8
- 8. To note the Capital Final Outturn for 2025/26 as set out in section
15 of the report.
REJECTED:
Recommendations 3.4, 3.5, 3.6 and 3.7 were REJECTED
- 3.4 To authorise the disposal of 28-32 Ellingfort Road, Hackney, London, E8
3PA (Title Number: LN61560) shown for identification purposes only edged red on the plan at Appendix 1 and set out in section 14.
- 3.5 To authorise the disposal of 77 Brooksby’s Walk, Hackney, London, E9 6DA (Title Number: LN120768) shown for identification purposes only edged red on the plan at Appendix 2 and set out in section 14.
- 3.6 To delegate authority to the Executive Director Finance and Corporate Resources to agree all commercial terms of the transactions.
- 3.7 To delegate authority to the Director of Legal, Democratic and Electoral Services to settle, agree and enter into all documentation necessary for the transactions.
REASONS FOR DECISION
The administration's election manifesto made clear the necessity of placing assets into community ownership and public hands. Following public engagement regarding the disposals and subsequent review by the Cabinet since the report's publication, it has been decided to reject recommendations 3.4 to 3.7. Furthermore, Cabinet will establish an equitable, time-limited process to evaluate credible, community-led alternatives that address the financial pressures faced by the Council.
Related Meeting
Cabinet - Monday 20 July 2026 6.00 pm on July 20, 2026
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 20 Jul 2026 |
| Expected date | 20 Jul 2026 |
| Originally due | 20 Jul 2026 |
| Lead officer | Deirdre Worrell |